TECH - Nvidia's Record-Breaking Earnings Boost SOX And NASDAQ Indexes: What Investors Need To Know | Benzinga
Piper Sandler analyst Harsh V. Kumar noted that last week, the SOX was up 5%, the NASDAQ was up 1%, and the S&P was flat.
The analyst said that Nvidia Corp’s (NASDAQ:NVDA) earnings were the week’s highlight after much anticipation came into the print.
Results from the company delivered and then some, even despite high investor expectations. Nvidia’s results and guidance both exceeded high expectations by ~$1.5 billion in revenues.
Revenues were well above street expectations for the quarter, and guidance from management provided further color around the ramp of the new Blackwell chip, which is ...